Kingman Minerals Ltd. (TSX.V: KGS) Proceeding with Technical Report in Preparation for Gold Drilling Campaign

June 15, 2020 12:41:30
  • KGS preparing new drilling campaign at Mohave County that includes historic Rosebud Mine
  • Historical report based on underground mapping, drilling, sampling reveals hidden potential in Rosebud Mine
  • KGS commissioned Burgex Inc. for new NI 43-101 technical report in preparation for drilling

With gold currently topping the list of “safe-haven” investment assets, Kingman Minerals (TSX.V: KGS), a Canadian-based mining company engaged in the acquisition, exploration and development of gold and silver properties in North America, is positioned to profit through a new drill campaign in Mohave County, Arizona. Located in the Music Mountains region, the Mohave Project is comprised of 20 lode claims that include the historic past-producing Rosebud Mine, allowing the company to benefit from the cost efficiencies of revitalizing an already established exploration site.

The popularity of gold as an investment is increasing due to the instability of government-controlled central banks resulting from recent economic events connected to COVID-19. Fears driven by economic uncertainty typically prompt investors to divert assets into gold as a defensive measure against inflation, currency devaluation and the…

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